2095 Las Palmas Dr., San Benito, TX 78576
Local realty services provided by:CENTURY 21 Johnston Company
Listed by: joseph boone tyson
Office: tnt real estate
MLS#:29765534
Source:TX_RGV
Price summary
- Price:$1,975,000
- Price per sq. ft.:$82.93
About this home
Prime 36-Unit Apartment Complex. Strong Income & Value-Add Potential. Multifamily investment opportunity. This 36-unit apartment complex features a mix of 34 two-bedroom units and 2 one-bedroom units, offering a solid foundation of stable rental income with room for upside through continued renovations and management efficiencies. Units feature semi-updated interiors. All electrical is individually metered, providing utility cost transparency for tenants, while water is serviced by two master meters. Key property features include: On-site laundry facilities for additional revenue, ample parking, office space (may be convertible into additional units or other income-generating use), and strategic location. The complex enjoys strong occupancy and presents a clear opportunity to increase NOI through rental growth, operational efficiencies, and selective capital improvements. Financial packet, pro forma, and rent roll available upon request.
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Home facts
- Year built:1994
- Listing ID #:29765534
- Added:357 day(s) ago
- Updated:May 21, 2026 at 02:32 PM
Rooms and interior
- Flooring:Carpet
- Kitchen Description:Refrigerator
- Living area:23,816 sq. ft.
Heating and cooling
- Cooling:Central, Electric
Structure and exterior
- Year built:1994
- Building area:23,816 sq. ft.
- Lot area:1.2 Acres
- Construction Materials:Brick, Wood Siding
- Exterior Features:Deck/Balcony/Porch
- Foundation Description:Slab
- Levels:2 Stories
Schools
- High school:SAN BENITO
- Middle school:CABAZA
- Elementary school:FRED BOOTH
Utilities
- Water:Public
Finances and disclosures
- Price:$1,975,000
- Price per sq. ft.:$82.93
Parking
- Parking description:One Car Garage
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